Fort Thompson, SD is a small town located in South Dakota. It offers affordable living with two bedroom rent costing only $870 compared to the US average of $1,430. Grocery costs are also less expensive here, with an index of 94 versus 100 in the US. This makes Fort Thompson a great place for people who want to save money without sacrificing amenities. Local companies offer services such as plumbing, automotive repair, and dry cleaning. There are also many outdoor activities available nearby like fishing, hiking, and camping. With its low cost of living and abundance of local businesses and outdoor recreation opportunities, Fort Thompson is an ideal place for anyone looking for a peaceful yet exciting lifestyle on a budget.
Fort Thompson has an unemployment rate of 4.1%. The US average is 6.0%.
Fort Thompson has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Fort Thompson
- The Sales Tax Rate for Fort Thompson is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Fort Thompson is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Thompson
- The average income of a Fort Thompson resident is $9,846 a year. The US average is $28,555 a year.
- The Median household income of a Fort Thompson resident is $24,125 a year. The US average is $69,021 a year.